NOT LISTED FOR SALE

Estimated Value: $202,083 - $237,000

5 Beds
1 Bath
1,530 Sq Ft
$145/Sq Ft Est. Value

Last Sold October 23, 2014

Last sale price $59,000 $39 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $1,428/month

27 Days on Market

Highlights

  • Main Floor Bedroom
  • Patio
  • Laundry Room
  • Cooling Available
  • Living Room
  • Bathroom on Main Level

About This Home

As of October 2014

ATTENTION INVESTORS! THIS RARE SECTION 8 DEAL WON'T BE AROUND LONG. JUST ONCE AGAIN PASSED SECTION 8 INSPECTION WITH LEASE RENEWED WITH LONG TIME TENANT. THIS SPACIOUS WELL MAINTAINED 5 BEDROOM HOME HAS BEEN WELL MAINTAINED AND KEPT UP TO SECTION 8 REQUIREMENTS FOR PAST 10 YEARS. $1050 RENTAL WITH TENANT PAID UTILITIES. IMMEDIATE TURN KEY REVENUE WITH GREAT CAP RATE AND CASH FLOW. ASK FOR DETAILS OF PACKAGE DEAL IF INTERESTED IN 2ND SECTION 8 PROPERTY LISTED ON CHESTNUT. PERFECT INVESTMENT OPPORTUNITY FOR NEW OR SEASONED INVESTOR. MORE PICTURES COMING SOON.

Last Agent to Sell the Property

Julie Bapst

Keller Williams ONEChicago License #RB14050696 Listed on: 08/27/2014

Keller Williams ONEChicago

Co-Listed By

Jeremy Scheeringa

Keller Williams NW Indiana License #RB14045571

Last Buyer's Agent

Jen Poskin

@properties/Christie's Intl RE License #RB14043973

@properties/Christie's Intl RE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 61x102
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • Carport

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,530 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450710476008000023

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1961
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR254
  • Co List Office Mls Id: GNR254
  • Subdivision Name: None
  • Architectural Style: Two Story
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave
  • Interior Amenities: Finished Laundry Rm, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Full Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Exterior Features: Patio

Garage/Parking

  • Parking Features: Carport

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 61X102
  • Parcel #: 450710476008000023

Tax Info

  • Year: 2013
  • Tax Annual Amount: 2762

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2022
Sold by
Trustart Home Buyers Llc
Bought by
Reliable Properties Llc
Current Estimated Value
$220,569

Purchase Details

Closed on
Jan 25, 2022
Sold by
Trustart Home Buyers Llc
Bought by
Reliable Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2021
Sold by
Roberts Raymond G
Bought by
Trustart Home Buyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2014
Closed on
Oct 10, 2014
Sold by
Mussatt Jeffrey and Mussatt Lynn
Bought by
Roberts Raymond G
Seller's Agent
Julie Bapst
Keller Williams ONEChicago
Buyer's Agent
Jen Poskin
@properties/Christie's Intl RE
List Price
$59,000
Sold Price
$59,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%
Original Mortgage
$47,200
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2011
Sold by
Jlb Property Management Llc
Bought by
Mussatt Jeffrey and Mussatt Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reliable Properties Llc -- Kvachkoff Douglas R
Reliable Properties Llc -- Kvachkoff Douglas R
Trustart Home Buyers Llc $96,000 Indiana Title Network Co
Roberts Raymond G -- Fidelity National Title Co
Mussatt Jeffrey -- First Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reliable Properties Llc $772,500
Previous Owner Trustart Home Buyers Llc $126,000
Previous Owner Roberts Raymond G $47,200
Previous Owner Mussatt Jeffrey $70,000
Previous Owner Jlb Property Management Llc $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2014 10/23/14 Sold $59,000 0.0% $39 / Sq Ft
09/23/2014 09/23/14 Pending -- -- --
08/27/2014 08/27/14 For Sale $59,000 -- $39 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,806 $153,200 $29,700 $123,500
2023 $3,824 $142,400 $29,700 $112,700
2022 $3,653 $136,300 $29,700 $106,600
2021 $2,822 $104,100 $18,400 $85,700
2020 $2,817 $103,200 $18,400 $84,800
2019 $2,835 $97,500 $18,400 $79,100
2018 $2,875 $90,400 $18,400 $72,000
2017 $3,170 $87,100 $18,400 $68,700
2016 $2,655 $84,200 $18,400 $65,800
2014 $2,835 $90,500 $18,400 $72,100
2013 $2,648 $89,300 $18,400 $70,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR357528

Northwest Indiana Association of REALTORS®

APN: 45-07-10-476-008.000-023